Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of VFC either through stock ownership, options, or other derivatives.
Source: https://seekingalpha.com/article/4595834-vf-corp-why-im-calling-a-bottom?source=feed_all_articles
A number of equities research analysts have recently issued reports on VFC shares.
Considering that VFC reports its earnings and declares its dividend in U.S. dollars, it is important to note that the company generates nearly half of its sales outside the U.S. (Figure 2).
For now, VFC has reported a in its FQ2'24 earnings call, with ) and adj EPS of $0.63 (+520% QoQ/ -13.6% YoY).
It is no wonder then that VFC has had to further cut its quarterly dividends by -70% to $0.09 moving forward.
I view the company's decision to cut its dividends as constructive, allowing VFC to lighten its cost base as it moves to improve its operating margins materially with its Reinvent transformation program.
Nationwide, many birthing hospitals are trying to enroll in the VFC program for next year.
VFC stock declined from nearly $20 in October 2007 (pre-crisis peak) to around $12 in March 2009 (as the markets bottomed out), implying that VFC stock lost almost 38% of its pre-crisis value.
VFC stock declined from nearly $20 in October 2007 (pre-crisis peak) to around $12 in March 2009 (as the markets bottomed out), implying that VFC stock lost almost 38% of its pre-crisis value.